Financial & Legal

PV wet chemical equipment and materials supplier, RENA GmbH has changed its name to RENA technologies GmbH and appointed a new CEO as the company prepares to exit insolvency proceedings that will result in Jürgen Gutekunst, founder and former CEO of RENA GmbH leaving the company.

PV manufacturing equipment specialist Smit Ovens has filed for bankruptcy in the Netherlands to restructure its operations.

Major institutional investors have warned politicians that interfering in solar support schemes could spook the market and lead to large amounts of investment being lost.

Renewables will be a focus of German energy companies E.ON and RWE, according to their earning reports for 2014.

Residential installer SolarCity has expanded access to its solar bonds in the US.

UK-based thin-film start-up, Oxford Photovoltaics, has secured at least a further £8 million (US$12.1 million) in venture capital funding to further plans to commercialise its blend of perovskite materials under a licensing model.

PV project developer and EPC firm, Solar Power, Inc (SPI Solar) has secured a credit line of over US$1.6 billion from China Minsheng Bank, China Construction Bank and Suzhou Bank.

PV project developer Solairedirect is planning an IPO on the Euronext Paris stock exchange during the first half of 2015 as it plans to develop and retain more projects across multiple international markets.

Insolvent PV module manufacturer Solar-Fabrik is to postpone the release of its 2014 financial results.

India and the UK are respectively the highest profile winners and losers in the latest ranking of countries’ appeal to renewable energy investors published by consultancy Ernst & Young Global.